Monday, August 07, 2006

"'The Russian government has chosen to establish two venture funds. The first will support projects in the area of information technologies, 'and will be integrated into the Russian venture company in no more than three years time,' Putin said. 'The Russian government will pass a decree on the establishment of the Russian venture capital company at the next governmental meeting, Economic Development and Trade' Minister German Gref said at a meeting with Russian President Vladimir Putin on Monday. "